Share This Listing

Message

929 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

1155 E Stop 11 Rd
Indianapolis, IN 46227
Verizon & Jimmy John's Center · Retail Property For Sale

Investment Highlights

  • 100% Occupied Four-Tenant Center Anchored by National Tenants Jimmy John’s and Verizon | All NNN Leases
  • Outparcel to Greenwood Point Shopping Center with 1.7 Million Visitors/Year | Across from Greenwood Place with 4.8M Visitors/Year
  • Excellent Visibility: Combined Traffic Counts of 56,375 VPD at the Signalized Intersection of E Stop 11 Rd and US-31 S

Executive Summary

100% Occupied Four-Tenant Center Anchored by National Tenants Jimmy John’s and Verizon | All NNN Leases | Stabilized Low Average Rent/SF with 57% of the GLA Providing 3% Annual Increases
Excellent Visibility: Combined Traffic Counts of 56,375 VPD at the Signalized Intersection of E Stop 11 Rd and US-31 S
Jimmy John’s is a Multi-Unit Operator | This Location is a Strong Performer – Ranks in the Top 67% in the US by Sales (Placer.ai)
Total Wireless is Owned by Verizon and Operates 2,000+ Locations Across the US | Halal Munchies is a Growing Fast Casual Eatery that Operates 50+ Locations
Outparcel to Greenwood Point Shopping Center with 1.7 Million Visitors per Year with National Tenants Such as Hobby Lobby, Portillo’s, Buffalo Wild Wings, and Michael’s | Greenwood Point Ranks in the Top 5% of Strip/Convenience Centers in the United States, the Top 4% in Indiana and is the #5 Strip/Convenience Center Out of 221 in 50 Miles in Foot Traffic per Placer.ai
Across the Street from Greenwood Place with 4.8 Million Visitors per Year | 41 Tenants Including Burlington, Bubba’s 33, McDonald’s, Dunkin’, PetSmart, Five Guys, Fifth Third Bank, Subway, Jiffy Lube, and More | Greenwood Place Ranks in the Top 12% of Community Shopping Centers in the United States, and the Top 9% in Indiana
Located Within a Dominant Retail Node with Nearby Grocery, Dining, and Service Retailers Including, Walmart, Take 5 Oil Change, YMCA, Outback Steakhouse, Hubler Toyota, Hubler Chevrolet, AutoZone, and More
Surrounded by Established Neighborhoods and a Growing Population | Excellent Demographics: Five-Mile Population is 210,634 and Five-Mile Daytime Population is 178,195 | Five-Mile Average Household Income is $96,662, Above the National Average

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
7,000 SF
Building Class
B
Year Built/Renovated
2008/2009
Price
$3,348,660 CAD
Price Per SF
$478.38 CAD
Cap Rate
7.33%
NOI
$245,426 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
1.18 AC
Zoning
C-4 - High-density commercial areas allowing high-rise buildings and mixed-use developments.
Parking
70 Spaces (2.85 Spaces per 1,000 SF Leased)
Frontage
186’ on E Stop Eleven

Amenities

  • Pylon Sign
  • Signage
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Property Taxes

Property Taxes

Parcel Number
49-15-19-127-009.000-500
Land Assessment
$721,966 CAD
Improvements Assessment
$1,078,906 CAD
Total Assessment
$1,800,872 CAD
  • Listing ID: 41096114

  • Date on Market: 2026-06-29

  • Last Updated:

  • Address: 1155 E Stop 11 Rd, Indianapolis, IN 46227

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}